Carroll Bank and Trust Home Buyers Guide

FHA LOAN BENEFITS ◌ Low closing costs ◌ Assistance to avoid foreclosure ◌  Down payments as low as 3.5% ◌  Various term lengths

ADDITIONAL REQUIREMENTS

The home must be appraised by an approved appraiser.

The home will be your primary residence.

You must occupy the property within 60 days of closing.

The property must meet HUD minimum standards.

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